Rmg Sector
Since, garments manufacturing companies contributing largely in Bangladesh economy. This sector producing various kinds of garments products & exporting to many countries in the world. That means not only garments sector contributing largely in Bangladesh’s economy but also it contributing in the world trade market. It has a great opportunity to more enhance its business.
There are some reasons for growing more this segment: 1. Cheap labor cost. 2. Free from hardly government regulation. 3. Climatologically fit. 4. High demand. 5. Efficient labor force. 6. More profitable business. 7. Properly directed.
But nowadays, in RMG sector there are lots of problems & neglections are arising. Such as, Bangladesh’s apparel came under scrutiny after the collapse of the Rana Plaza garment factory building in April that killed over 1,100 people and the Tazreen Fashions Ltd factory fire in November last year that killed more than 110.
Problems: 1. Workers do not get a suitable working environment. 2. Authority does not agree to pay wage properly. 3. Workers are being compelled to work more time than actual working time. 4. Downsizing rate also so high. 5. Do not provide any life safety to the workers. 6. Do not provide any incentive to the workers. 7. All workers are being deprived of any good organizational facility. 8. Lack of opportunity to reconcile any argument with the management. 9. Management does not sincerely pay any heed to any complain of workers. 10. Workers are neglected by the authority. 11. Do not properly follow the Labor Act (2006) & the code of ILO.
Effect:
A. Economic: B. 1. GDP growth rate will decrease. 2. Foreign export will decrease. 3. The relationship with foreign countries will collapse which was created for trading. 4. The whole economy of Bangladesh will be badly affected. 5. Income from exporting will decrease. 6.
There are some reasons for growing more this segment: 1. Cheap labor cost. 2. Free from hardly government regulation. 3. Climatologically fit. 4. High demand. 5. Efficient labor force. 6. More profitable business. 7. Properly directed.
But nowadays, in RMG sector there are lots of problems & neglections are arising. Such as, Bangladesh’s apparel came under scrutiny after the collapse of the Rana Plaza garment factory building in April that killed over 1,100 people and the Tazreen Fashions Ltd factory fire in November last year that killed more than 110.
Problems: 1. Workers do not get a suitable working environment. 2. Authority does not agree to pay wage properly. 3. Workers are being compelled to work more time than actual working time. 4. Downsizing rate also so high. 5. Do not provide any life safety to the workers. 6. Do not provide any incentive to the workers. 7. All workers are being deprived of any good organizational facility. 8. Lack of opportunity to reconcile any argument with the management. 9. Management does not sincerely pay any heed to any complain of workers. 10. Workers are neglected by the authority. 11. Do not properly follow the Labor Act (2006) & the code of ILO.
Effect:
A. Economic: B. 1. GDP growth rate will decrease. 2. Foreign export will decrease. 3. The relationship with foreign countries will collapse which was created for trading. 4. The whole economy of Bangladesh will be badly affected. 5. Income from exporting will decrease. 6.